AR/AP Specialist

$50,000 - $50,000/Yr

Miller Formless Co. - McHenry, IL

posted 3 months ago

Full-time - Entry Level
McHenry, IL
Professional, Scientific, and Technical Services

About the position

The Accounts Payable/Accounts Receivable Specialist position at Alpha Infrastructure Partners, LLC is a full-time role based at the company's headquarters in McHenry, IL. This position is integral to the finance team, focusing on the efficient management of all accounts payable and accounts receivable functions. The specialist will ensure the financial health and accuracy of the company's transactions, supporting various locations including Miller Formless in McHenry, IL, The Construction Yard in McHenry, IL, and Alpha Fabrication and Machining in Wittenberg, WI. The role requires a detail-oriented and organized individual who possesses excellent analytical skills and a keen eye for detail. The position also involves a travel requirement of 20% to locations in Illinois and Wisconsin, emphasizing the need for flexibility and adaptability in managing responsibilities across different sites. In the accounts payable domain, the specialist will be responsible for processing and managing invoices from receipt to payment, verifying the accuracy of vendor invoices, and resolving any discrepancies that may arise. This includes preparing and performing check runs, wire transfers, and ACH payments, as well as maintaining and reconciling various ledgers associated with accounts payable. Collaboration with vendors and internal departments is essential to address and resolve payment issues effectively. On the accounts receivable side, the specialist will generate and send out invoices to clients, monitor accounts to ensure timely collection of payments, and record payments while reconciling the accounts receivable ledger. Following up on outstanding invoices and managing collections will be key responsibilities, along with preparing regular reports on accounts receivable status and aging. The role also encompasses general duties such as assisting in month-end closing activities, maintaining accurate financial records, and supporting audits by providing necessary documentation and information. Compliance with company policies and accounting standards is a critical aspect of this position.

Responsibilities

  • Process and manage invoices from receipt to payment.
  • Verify the accuracy of vendor invoices and resolve discrepancies.
  • Prepare and perform check runs, wire transfers, and ACH payments.
  • Maintain and reconcile accounts various ledgers associated with AP.
  • Collaborate with vendors and internal departments to address and resolve payment issues.
  • Generate and send out invoices to clients.
  • Monitor accounts to ensure timely collection of payments.
  • Record payments and reconcile accounts receivable ledger.
  • Follow up on outstanding invoices and manage collections.
  • Prepare regular reports on accounts receivable status and aging.
  • Assist in month-end closing activities.
  • Maintain accurate financial records and documentation.
  • Prepare and provide financial reports as needed.
  • Support audits by providing necessary documentation and information.
  • Ensure compliance with company policies and accounting standards.

Requirements

  • Bachelor's degree in Accounting, Finance, or a related field preferred.
  • 3+ years of experience in accounts payable and accounts receivable roles.
  • Strong understanding of accounting principles and procedures.
  • Proficiency in accounting software and Microsoft Office Suite.
  • Excellent organizational and time-management skills.
  • Strong communication skills, both written and verbal.
  • Ability to travel 20% of the time to locations in Illinois and Wisconsin.

Nice-to-haves

  • Experience with ERP systems.
  • Knowledge of industry-specific accounting practices.
  • Strong problem-solving and analytical abilities.
  • Attention to detail and high level of accuracy.

Benefits

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Disability insurance
  • Employee assistance program
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance
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